US EditionKuwait considers 5-in-1 business license rule to attract investors - Times Kuwait
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Kuwait considers 5-in-1 business license rule to attract investors - Times Kuwait
• The Ministry of Trade, Commerce and Industry’s proposal suggests permitting the consolidation of up to five licenses in one company’s headquarters, as long as the licenses are owned by a single entity or person with significant stakes in them. • The proposal aims to support businesses and curb fake address fraud, while officials work to resolve legal issues—chiefly how to close a violating license without impacting the main office. • Currently…
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